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This Friday is August's options expiration @DeribitOfficial , with approximately $3.1 billion in ETH options expiring, representing 26% of total open interest. The put/call ratio is 0.72, with the biggest pain point at 3800. Congratulations to the options buyers on their big win. 🥳

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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